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Rural Electrification Program III
This investment grant (IGR) will support the loan operation BO-L1222 with the aim to contribute to the reduction of poverty and inequality in Bolivia by increasing electricity service coverage. The IGR will support the Government of Bolivia in financing subprojects for access to electricity service, including: (i) extension of medium and low voltage distribution networks ; (ii) installation of hybrid systems through minigrids with RE, battery energy storage system, and diesel backup; and (iii) installation of stand-alone PV systems with energy storage.

Project Detail



Project Number


Approval Date

October 11, 2023

Project Status


Project Type

Investment Grants





Lending Instrument


Lending Instrument Code




Facility Type


Environmental Classification

Likely to cause mostly local and short-term negative environmental and associated social impacts and for which effective mitigation measures are readily available

Total Cost

USD 2,000,000.00

Country Counterpart Financing


Original Amount Approved

USD 2,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
GRT/LE-20384-BO Sovereign Guaranteed USD - United States Dollar Low Carbon Energy Fund for People & Plan Grant
Operation Number GRT/LE-20384-BO
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Low Carbon Energy Fund for People & Plan
  • Financial Instrument: Grant

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Implementation Phase
Loan Contract
Programa de Electrificación Rural III - BO-G1006.pdf
Oct. 19, 2023
Loan Contract
Rural Electrification Program III - BO-G1006.pdf
Oct. 19, 2023

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